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3/25/24, 11:13 AM          IOTA Foundation Launches $10m Investment Fund At Investopia 2024 To Develop Trade Technology Solutions
           IOTA Foundation Launches $10m Investment Fund At

           Investopia 2024 To Develop Trade Technology Solutions


            March 24, 2024   by Newsdesk   23



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           His Excellency Abdulla Bin Touq Al Marri, the Minister of Economy and Chairman of Investopia, attended the
           unveiling of a new investment fund valued at $10 million by the IOTA Ecosystem DLT Foundation during
           Investopia 2024. The fund’s primary goal is to promote the development of TradeTech solutions and support the
           expansion of startups and venture projects based on digital technology initiatives and the tokenisation of tangible
           assets.


           The announcement aligns with Investopia’s vision to inspire entrepreneurs to expand into new economic sectors
           by offering the necessary tools and opportunities to foster the growth and prosperity of their innovative projects.

           The fund, introduced in partnership with TLIP, a specialised digital platform for trade data storage and exchange,
           aims to enhance the trade technology landscape and foster a more interconnected, efficient, and accessible
           global trade system. Additionally, it seeks to offer trade financing solutions to businesses and governments. This


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